Medford, New Jersey Commercial Real Estate 0 Listings
Medford, New Jersey: A Premier Destination for Commercial Real Estate
Introduction
Medford, New Jersey, is a burgeoning hub for commercial real estate, offering a unique blend of suburban charm and economic vitality. With a population of approximately 23,000, Medford is strategically positioned within the Philadelphia metropolitan area, providing easy access to major urban centers. The city's economy is supported by diverse industry clusters, including healthcare, retail, and professional services, making it an attractive destination for investors and businesses alike.
Economic and Industry Overview
Medford's commercial real estate market is driven by its robust economic sectors. Key industries include:
- Healthcare: Proximity to major healthcare facilities in the region increases demand for medical office spaces.
- Retail: A thriving retail environment supports strip malls and shopping centers.
- Professional Services: Office spaces are in demand to accommodate the growth of law firms, financial services, and consulting businesses.
Regional economic development initiatives focus on fostering these sectors, enhancing the appeal of Medford's commercial properties.
Strategic Location and Transportation Infrastructure
Medford's strategic location offers significant logistical advantages:
- Highways: Access to major routes such as Route 70 and Interstate 295 facilitates efficient transportation.
- Airports: Philadelphia International Airport is approximately 30 miles away, providing global connectivity.
- Rail Lines: The nearby PATCO Speedline offers commuter rail service to Philadelphia.
- Labor Access: Medford's proximity to urban centers ensures a steady labor pool for businesses.
Explore the New Jersey Department of Transportation for more details on infrastructure.
Commercial Real Estate Inventory & Zoning
Medford's CRE landscape is characterized by:
- Submarkets: Key areas include the Central Business District and surrounding suburban office parks.
- Asset Classes: Offerings include industrial, retail, office, and medical facilities.
- Zoning: Recent updates in zoning regulations encourage mixed-use developments and innovation districts.
For zoning maps and parcel information, visit the Medford Township Zoning Map.
Major Employers and Institutions
Medford hosts several major employers and institutions driving demand for commercial spaces:
- Virtua Health: A leading healthcare provider.
- Medford School District: Significant employee base impacting local office space needs.
For more information, check the Burlington County Economic Development.
Notable Commercial Developments & Projects
Recent developments in Medford include:
- Mixed-Use Projects: New projects integrate residential, retail, and office spaces.
- Opportunity Zones: Medford's designation as an Opportunity Zone attracts investment via tax incentives.
Refer to the Medford Planning Department for project details and site maps.
Building Permits, Planning, and Development Tools
For developers and investors, Medford provides:
- Building and Safety Department
- Permitting Portals
- Parcel Map Viewer / GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Public resources offer valuable insights into Medford's CRE landscape:
Brevitas harnesses AI-powered data aggregation to provide comprehensive market insights. Explore Brevitas-powered dashboards for Medford's CRE here.
Why Use Brevitas for Medford, New Jersey CRE?
Brevitas offers a suite of tools tailored for CRE professionals:
- AI-Driven Discovery: Advanced search capabilities and real-time market alerts.
- Smart Property Pages: Auto-generated listings with optimized exposure.
- Collaborative Tools: Dealroom collaboration and integration with brokers and developers.
- Exclusive Listings: Gain premium exposure with our exclusive listing features.
Choose Brevitas for unparalleled access to Medford's commercial real estate opportunities.
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